PPP Loan information for Lo team

$42,982

Lo team was initially approved for PPP Loan of amount $42,982, the current approved amount is $42,982. The loan was approved on 04/27/2020 by The Republic Bank of Chicago reported 12 jobs and $42,982 was used to fund payroll.

Lo team is New Business or 2 years or less

LO TEAM

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LO TEAM

Borrower Address

6420 W. CERMAK

Borrower City

BERWYN

Borrower State

IL

Borrower Zip

60402

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42982.00

Current Approval Amount

42982.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21059

Servicing Lender Name

Republic Bank of Chicago

Servicing Lender Address

2221 Camden Court

Servicing Lender City

OAK BROOK

Servicing Lender State

IL

Servicing Lender Zip

60523-1273

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BERWYN

Project County Name

COOK

Project State

IL

Project Zip

60402-0001

CD

IL-04

Jobs Reported

12

NAICS Code

531210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42982.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21059

Originating Lender

Republic Bank of Chicago

Originating Lender City

OAK BROOK

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

43327.05

Forgiveness Date

02/22/2021

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